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Ep. 292: Christopher Cruden Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Benefits of a Traditional Portfolio

The benefit of a traditional portfolio specifically inequities portfolio is entirely from our point of view accidental. We didn't set out to produce something that assisted portfolio inequities. It's a happy accident that it does have this effect for equity investors. But it wasn't what we set out to do. How do you describe operationally to investors? So we have a crazy here in the market, something like October of late and your portfolio starts to do well. These are seismic changes such as stock markets declining 50% over a relatively short growth time,. which they've done twice in a lot, decade or so. And vice versa, I mean these are big events.

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